Post
Topic
Board Politics & Society
Re: Anti-Laundering Policies US
by
JeffK
on 17/11/2011, 02:14:44 UTC
I recently found out that the current US (Federal) Anti Money Laundering laws now cover "Stored Value Cards", such as gift cards, moneypaks, and prepaid visas/mastercards. It no longer only covers Money Orders.

How do you think this policy will affect people looking to buy bitcoins, the bitcoin economy as a whole, and money laundering in general. (Bonus points if you incorporate Silk Road)

I always assumed those already were under those laws.

Bitcoin isn't money. It's signed certificates of speech.

If anybody tries to touch it, I cite The First Amendment.

Surely, you will defeat the courts with this argument!